Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for S.R.P.C. Housing Society Land Acquisation Road

₹5500/sq.ft.

The guideline value for S.r.p.c. Housing Society Land Acquisation Road in Peravallur village (Sembiam SRO, Chennai zone) is Rs 5500 per sq.ft, effective 1 July 2024. It was Rs 5000 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Peravallur

Village

Sembiam

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹5500 /sq.ft.
From 1-4-2023 ₹5000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹3350 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹5000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹800 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹426 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹391 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

5, Papermills Road, Sembiam, Chennai - 600011.
044-26702002
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on S.r.p.c. Housing Society Land Acquisation Road

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

S.R.P.C. Housing Society Land Acquisation Road guideline value

The current guideline value for S.R.P.C. Housing Society Land Acquisation Road is Rs 5,500 per sq.ft, effective from 1 July 2024. This road is located in Peravallur village, under the Sembiam Sub Registrar Office (SRO). The land classification for this area is Commercial Class I Type - I.

How the guideline value of S.R.P.C. Housing Society Land Acquisation Road has changed

The guideline value for S.R.P.C. Housing Society Land Acquisation Road has undergone several revisions over the years. In 2002, the value was Rs 391 per sq.ft, which increased to Rs 426 per sq.ft in 2003. Following this, the value rose significantly to Rs 800 per sq.ft in 2007, and then to Rs 5,000 per sq.ft in 2012. However, there was a decrease to Rs 3,350 per sq.ft in 2017. The value then saw a substantial increase to Rs 5,000 per sq.ft in 2023, culminating in the current value of Rs 5,500 per sq.ft in 2024, representing a 10% increase from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by 1,307%. Notably, there are no figures available for the revisions in years other than those mentioned.

Guideline values in Peravallur

In Peravallur, there are 423 streets under the Sembiam SRO that carry a 2024 guideline value ranging from Rs 2,200 to Rs 7,100 per sq.ft, with a median value of Rs 3,301 per sq.ft. S.R.P.C. Housing Society Land Acquisation Road's 2024 figure of Rs 5,500 per sq.ft is above this median.

Stamp duty and registration fee for property in S.R.P.C. Housing Society Land Acquisation Road

For a 1,000 sq.ft plot at the current guideline value of Rs 5,500 per sq.ft, the total guideline value amounts to Rs 55,00,000. The stamp duty, charged at 7%, would be Rs 3,85,000, and the registration fee at 2% would be Rs 1,10,000, bringing the total fees to Rs 4,95,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers S.R.P.C. Housing Society Land Acquisation Road?

The S.R.P.C. Housing Society Land Acquisation Road falls under the jurisdiction of the Sembiam Sub Registrar Office, located at 5, Papermills Road, Sembiam, Chennai - 600011. To find your specific SRO, you can visit find your SRO.

How the guideline value is used when you buy or sell in Peravallur

The guideline value is a crucial reference point when buying or selling property in Peravallur. It determines the minimum value at which properties can be registered, ensuring that transactions are conducted transparently and fairly.

When registering a property, buyers must pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that the revenue generated from property transactions is reflective of the current market conditions as outlined by the guideline values.

Frequently asked questions

What is the current guideline value for S.R.P.C. Housing Society Land Acquisation Road?

The current guideline value for S.R.P.C. Housing Society Land Acquisation Road is Rs 5,500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 391 per sq.ft in 2002 to Rs 5,500 per sq.ft in 2024, with various revisions in between. The most recent revision in 2024 saw a 10% increase from the previous year's value.

Where is the Sembiam Sub Registrar Office located?

The Sembiam Sub Registrar Office is located at 5, Papermills Road, Sembiam, Chennai - 600011. This office handles registrations for properties in the area.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 55,00,000, the stamp duty at 7% would be Rs 3,85,000.

What is the land classification for S.R.P.C. Housing Society Land Acquisation Road?

The land classification for S.R.P.C. Housing Society Land Acquisation Road is Commercial Class I Type - I, indicating its intended use for commercial purposes.